Home for all technology and products -- news, features and interviews of top-notch enterprises in India. This portal covers all the major happenings across verticals including telecom, mobility, gadgets & gizmo, retail, services, BFSI, energy, manufacturing, SMBs, business technologies, GreenIT, outsourcing...

Tuesday, May 30, 2017

Automation Anywhere, the
global leader in enterprise Robotic Process Automation (RPA), today announced
the availability of IQ Bot, software bots capable of studying, learning and
mimicking human behavior for intelligent process automation. By combining
cognitive abilities with practical, rule-based RPA capabilities, organizations
can quickly scale and up level their Digital Workforces to fully automate
processes end-to-end and run them independently with minimal human
intervention. The product was launched at Automation Anywhere’s Imagine, the
company’s premier customer experience event taking place in New York City.

IQ
Bot is skilled at applying human logic to document patterns and extracting
values in the same way that a human would, but with instantaneous speed, the
accuracy of a machine and with a near-zero error rate. Fully integrated with
the Automation Anywhere Enterprise platform, IQ Bot delivers organizations
enormous gains in productivity because it is capable of processing and
automating business tasks involving complex documents with unstructured data.
With Automation Anywhere’s comprehensive Digital Workforce platform, comprised
of RPA, cognitive and analytic capabilities, organizations can automate up to
80 percent of business processes, compared to the 30 percent automation
capability by using RPA alone.

“IQ
Bot is the next evolution of cognitive capabilities that significantly extends
the proficiency of RPA beyond anything we’ve yet experienced. It enables
companies to leverage what humans do best and what machines do best, delivering
the first intelligent automation platform,” said Mihir Shukla, CEO and
Co-founder, Automation Anywhere. “We strongly believe the full potential of
enterprise automation is only realized when RPA and cognitive computing work
together. With the release of IQ Bot, we are delivering critical functionality,
which can be truly transformational.”

IQ
Bot has a built-in, intuitive dashboard that makes it easy to setup and manage.
IQ Bot relies on supervised learning, meaning that every human interaction
makes IQ Bot smarter. In addition to English, IQ Bot can extract data in
Spanish, French, Italian and German.